{"id":600636,"date":"2019-02-05T04:35:05","date_gmt":"2019-02-05T04:35:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/"},"modified":"2019-02-05T04:35:05","modified_gmt":"2019-02-05T04:35:05","slug":"emaar-misr-denies-mnhd-acquisition-talks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/","title":{"rendered":"Emaar Misr denies MNHD acquisition talks"},"content":{"rendered":"<p><b>M&A WATCH- Emaar Misr says not looking to acquire MNHD: <\/b>Emaar Misr for Development has denied it is in talks with Madinet Nasr Housing and Development (MNHD) to acquire the company, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/225953_1.pdf\">according to an EGX filing (pdf)<\/a>. This came as media reports claimed that the Emirati real estate company was looking to acquire MNHD. MNHD also <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/225954_1.pdf\">issued a similar statement<\/a> denying having opened channels with Emaar Misr. The rumors come a week following <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/27\/sodic-calls-off-all-share-acquisition-of-mnhd\/\">the collapse of talks between SODIC and MNHD<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Emaar Misr says not looking to acquire MNHD: Emaar Misr for Development has denied it is in talks with Madinet Nasr Housing and Development (MNHD) to acquire the company, according to an EGX filing (pdf). This came as media reports claimed that the Emirati real estate company was looking to acquire MNHD. MNHD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[1527,72,7128,353,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600636","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-emaar-misr","tag-enterpriseam","tag-ma-watch","tag-madinet-masr-for-housing-and-development","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9cd4d195-7c20-4181-9bf1-3d26653891d1","is_powered_by":true,"section_story_id":"85d4c021-7af0-4675-ade4-f8b889742369","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600625],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Emaar Misr denies MNHD acquisition talks - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emaar Misr denies MNHD acquisition talks\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Emaar Misr says not looking to acquire MNHD: Emaar Misr for Development has denied it is in talks with Madinet Nasr Housing and Development (MNHD) to acquire the company, according to an EGX filing (pdf). This came as media reports claimed that the Emirati real estate company was looking to acquire MNHD. MNHD [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-05T04:35:05+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Emaar Misr denies MNHD acquisition talks\",\"datePublished\":\"2019-02-05T04:35:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Emaar Misr\",\"EnterpriseAM\",\"M&amp;A Watch\",\"Madinet Masr for Housing and Development\",\"real estate\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\",\"name\":\"Emaar Misr denies MNHD acquisition talks - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-02-05T04:35:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Emaar Misr denies MNHD acquisition talks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Emaar Misr denies MNHD acquisition talks - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/emaar-misr-denies-mnhd-acquisition-talks\/","og_locale":"en_US","og_type":"article","og_title":"Emaar Misr denies MNHD acquisition talks","og_description":"M&A WATCH- Emaar Misr says not looking to acquire MNHD: Emaar Misr for Development has denied it is in talks with Madinet Nasr Housing and Development (MNHD) to acquire the company, according to an EGX filing (pdf). 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The real estate company sold EGP 305 mn in corporate bonds earlier this\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633106,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/earnings-watch-edita-mnhd-phd-emaar-misr-report-fy2017-results\/","url_meta":{"origin":600636,"position":1},"title":"Earnings Watch: Edita, MNHD, PHD, Emaar Misr report FY2017 results","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"EARNINGS WATCH- Edita Food Industries reported a 346.8% y-o-y surge in its bottom line to EGP 212.0 mn in 2017, up from EGP 47.4 mn in 2016, the company said in a statement yesterday (pdf). The jump in net profits comes as the company\u2019s revenues for the year rose 21.6%\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574593,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/profits-at-top-5-real-estate-firms-fall-31-in-2q2020\/","url_meta":{"origin":600636,"position":2},"title":"Profits at top 5 real estate firms fall 31% in 2Q2020","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"Egypt\u2019s five largest listed real estate companies reported a combined drop in profits of around 31% in 2Q2020 as a result of the economic slowdown caused by the covid-19 pandemic, Reuters reports. Short of seeing a second wave of the pandemic, a rebound is likely by the end of the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/173.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548665,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/17\/mnhd-shareholders-reject-sodics-advance\/","url_meta":{"origin":600636,"position":3},"title":"MNHD shareholders reject SODIC\u2019s advance","author":"enterpriseam admin","date":"17 August 2022","format":false,"excerpt":"MNHD shareholders back board, say offer price was too low: Madinet Nasr Housing and Development (MNHD) shareholders meeting in a general assembly yesterday rejected a takeover bid from SODIC, saying the offer price was too low, an exec at MNHD told Enterprise. 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